Microchip Technology's 2024 struggles with high inventory, debt, and economic challenges make it a risky investment. Read why MCHP stock is a hold.

Microchip Technology struggles with revenue drops, shrinking margins, and high debt. Click here to find out why I rate MCHP stock a Hold.

Microchip Technology launches MPLAB® XC Unified Compiler Licenses, simplifying software license management for embedded development.

CHANDLER, Ariz., Sept. 10, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today ...

Microchip Technology shares surged Friday after the struggling chipmaker issued a better-than-expected forecast, and several analysts raised their price targets for the stock.

Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers, sending its shares up ...

Microchip Technology is reducing its workforce across manufacturing and corporate operations by about 2,000 as the embattled chip maker looks to cut costs amid declining sales.

Microchip Technology announces new PCI100x PCIe Gen 4.0 switches for high-performance computing and device connectivity.

Zooming In On Marvell Technology (MRVL) Marvell Technology’s shares are extremely volatile and have had 39 moves greater than 5% over the last year.

Microchip Technology said Thursday it is shelving a deal for $162 million in federal CHIPS Act subsidies to expand in Oregon and Colorado. “I have put the negotiations with the CHIPS office on ...

Microchip Technology will lay off 2,000 workers, including at its facilities in Gresham, Colorado and the Philippines, it said in a filing Monday.

Microchip Technology detailed plans Monday to lay off 2,000 more workers across the company as it responds to steeply falling sales. The Oregonian/OregonLive reported last week that the Arizona ...